About Air France KLM SA

Air France KLM-SA is an airline company. The Company is engaged in passenger transportation. Its activities also include cargo, aeronautics maintenance and other air-transport-related activities, including catering. The Company's two sub-groups Air France and KLM have a flyer program, Flying Blue, which enables members to acquire miles as they fly with airline partners or from transactions with non-airline partners. Its activities include Passenger transport, Cargo transport, Maintenance and Other activities. The Company's network is organized around the hubs at Paris-Charles de Gaulle and Amsterdam-Schiphol. With these two hubs, the Company links Europe to the rest of the world, with approximately 320 destinations in over 115 countries. Transavia, the Company's subsidiary, has operations in the Netherlands and France directed at medium-haul leisure customers, as well as through its charter flights and tour operators.

The world's largest airliner, the Airbus <AIR.PA> A380, took a step closer to the aviation archives on Wednesday as Air France said it would permanently axe its grounded fleet and sources said Emirates was in talks to reduce remaining deliveries.

Air France is putting its grounded pilots through their paces in the flight simulator as the airline prepares to restore flights to dozens of destinations that had been suspended under coronavirus lockdown measures.

* REG-SIGNING OF FINANCING FOR A TOTAL AMOUNT OF 7 BILLION EUROS ENABLING THE AIR FRANCE-KLM GROUP AND AIR FRANCE TO WEATHER THE CRISIS AND PREPARE FOR THE FUTURE Source text for Eikon: Further company coverage: (Gdansk Newsroom)

European shares edged higher on Thursday as a surprise rise in China's exports overshadowed another set of grim results and a warning from Air France-KLM that demand could take "several years" to recover.

Two weeks of coronavirus shutdown were enough to hit Air France-KLM <AIRF.PA> with an 815 million-euro ($880 million) first-quarter operating loss, the airline group said on Thursday - predicting demand could take "several years" to recover.

Air France-KLM <AIRF.PA> is opening talks with its French unions on workforce cuts, Chief Executive Ben Smith told Reuters, as the airline group warned of mounting losses with no clear end in sight to the coronavirus crisis.

Air France-KLM is opening talks with its French unions on workforce cuts, Chief Executive Ben Smith told Reuters, as the airline group warned of mounting losses with no clear end in sight to the coronavirus crisis.

The European Union's competition watchdog on Monday approved French state aid worth 7 billion euros ($7.66 billion) for Air France, saying the support would provide cash to soften the economic shock of the coronavirus pandemic.

The French government will give a 7 billion euros ($7.6 billion)aid package for Air France KLM and is working on an aid deal of some 5 billion euros for carmaker Renault, French Finance Minister Bruno Le Maire told TF1 on Friday.